King Resources Inc (KRFG)

[trader59]

Not nearly as expensive as giving away the ownership of your company to the bagholders of the shell. That is what effectively happens in these OTC RM's with a large number of shares issued and outstanding like this one. Merge in and the bagholders of the nearly 2B shares are gifted with equity in a thriving business. It is a narrative played over and over, works for those who saw it coming and buy in the trips, notsomuch for those who believe that narrative and buy in higher.

Real companies that want to go public to raise capital and/or with owners looking to sell a stake in their company will do an IPO, and they'll get the proceeds from the sale of stock to the public.